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Economy

Will mandatory registration of PSUs, Govt Depts & Corporates in TReDS platform solve delayed payment issue in MSMEs?

Will mandatory registration of PSUs, Govt Depts…

New Delhi, Mar 1 (KNN) The Ministry of MSME is considering bringing in necessary rules for making it mandatory for PSUs, Government Departments and Corporates…

Credit to MSE, Medium Industries fell by 7.4% and 10.2% in Jan 2017 respectively

Credit to MSE, Medium Industries fell by…

New Delhi, Mar 1 (KNN) The credit to the Micro and Small Enterprises (MSE) sector declined by 7.4 per cent in January 2017 as compared to an increase of…

Provide ‘addl working capital limit’ to MSE borrowers to overcome difficulties due to cash flow mismatches: RBI to banks

Provide ‘addl working capital limit’ to MSE…

New Delhi, Feb 28 (KNN) RBI has advised the banks to use their facility of providing ‘additional working capital limit’ to their micro and small…

9 bank unions to observe one-day strike on Tuesday

9 bank unions to observe one-day strike…

New Delhi, Feb 27 (KNN) The operations at the public sector banks is likely to be hit on February 28 as the bank unions under the aegis of United Forum…

SIDBI expert panel sanctions Rs 1112cr to funds for startups

SIDBI expert panel sanctions Rs 1112cr to…

New Delhi, Feb 27 (KNN) SIDBI's Venture Capital Investment Committee (VCIC) has sanctioned Rs 300 crore to fund managers who would invest in startups,…

SIDBI-CSFB to provide concessional finance to MSMEs in Punjab

SIDBI-CSFB to provide concessional finance to MSMEs…

Ludhiana, Feb 25 (KNN) The Small Industries Development Bank of India (SIDBI) today tied up with Jalandhar-based Capital Small Finance Bank (CSFB)…

CBEC launched Mobile App for GST to help taxpayers get latest updates

CBEC launched Mobile App for GST to…

New Delhi, Feb 25 (KNN) The Central Board of Excise and Customs (CBEC) has launched a mobile application for Goods and Services Tax to keep the tax payers…

After launching small finance bank, Esaf Microfinance & Investment will have 20% of its portfolio for MSMEs

After launching small finance bank, Esaf Microfinance…

Mumbai, Feb 23 (KNN) Esaf Microfinance and Investments Pvt. Ltd, which is planning to do a soft launch for its small finance bank operations, will have…

Cabinet note to be prepared within 2 months to facilitate India become signatory to TIR Agreement: Commerce Ministry

Cabinet note to be prepared within 2…

New Delhi, Feb 23 (KNN) A cabinet note is likely to be finalized within two months to enable India become a signatory for TIR Agreement (Convention on International…

SIDBI-Vijaya Bank sign pact to provide concessional funding to MSEs

SIDBI-Vijaya Bank sign pact to provide concessional…

Bengaluru, Feb 22 (KNN) With the view to provide concessional funding to micro and small enterprises (MSEs), Small Industries Development Bank of India…